Flash News

TREE NEWS update: Rocket Pool token holders voted to enable rETH withdrawals while retaining the 4 ETH bond requirement for node operators, opting for random megapool exits and deferring an onchain governance expansion. The decisions cover parts of the Saturn 2 upgrade package, which still requires full ratification.

TREE NEWS reports: The Nasdaq 100 extended its decline to 2%, with CoreWeave shares dropping 15.4% as the cloud company’s CEO blamed the selloff on “irrational” market behavior. CoreWeave bonds also slumped into distressed territory, a move that drew a startled reaction from Elon Musk.

TREE NEWS update: The Office of the Comptroller of the Currency said nine of the largest US national banks maintained policies that may have denied or restricted services based on political or religious views or lawful business activity, including digital asset firms, between 2020 and September 2025. JPMorgan, Bank of America, Citi, Wells Fargo, US Bancorp, Capital One, PNC, TD Bank and BMO were named in the review, which examined nearly 100,000 complaints and about 420,000 pages. OCC head Jonathan Gould said he was not confident the banks’ recent remediation was sufficient.

TREE NEWS reports: Blockchain analytics firm Bubblemaps alleges that wallets linked to Anglio traded ahead of Pump.fun token calls, estimating $50,000 in trading profits and $80,000 in callout rewards. The allegations come as Pump.fun shifts its payout model toward followers’ returns.

TREE NEWS reports: CoreWeave’s unsecured 2032 bonds fell below 80 cents on the dollar on Wednesday, pushing yields above 15%. The AI cloud provider’s credit default swaps hit a record high, with market pricing implying a more than 50% probability of default within five years. Chamath Palihapitiya flagged the bond level on social media, prompting Elon Musk to call it “scary.”

TREE NEWS reports: The US Office of the Comptroller of the Currency said in a report that debanking efforts were tied to crypto activities, grouping them with ties to oil, gas and firearms. The banking regulator’s report did not include specific examples of debanking related to crypto.

TREE NEWS reports: Standard Chartered global head of digital asset research Geoffrey Kendrick pushed back his forecast for the stablecoin market to reach $2 trillion, from 2028 to 2030. Stablecoin supply is about $309 billion and has held between $300 billion and $320 billion over the past 12 months. Kendrick called the stalled growth cyclical, not structural, while average monthly on-chain transfer volume neared $10 trillion this year, with a record $19 trillion in May.

TREE NEWS reports: Bitcoin fell below $82,000 after September’s core CPI came in above forecasts, with analysts now weighing price targets and the prospect of a Fed rate hike in October. The hotter-than-expected inflation reading drove the sell-off in the largest cryptocurrency.

TREE NEWS reports: Blockaid says the UNCX vesting pool was exploited for about $86,000, with the attacker’s transaction draining five different tokens. The affected Ethereum contract still held roughly $3.25 million in assets at the time.

TREE NEWS update: Uniswap has launched an ETH/USDC pool using a new VolatilePair Hook that charges separate fees for buys and sells. The hook adds temporary charges on trades that reverse large price moves, aiming to retain more arbitrage value for liquidity providers.

TREE NEWS reports: Standard Chartered now expects the stablecoin market to reach $2 trillion by 2030, extending its earlier forecast as transaction volumes grow. The bank identified four distinct stablecoin markets, with USDC leading in payments and AI transactions, and said competition over reserve yields is intensifying.

TREE NEWS update: The European Banking Authority has designated USDC, issued by Circle Internet Financial Europe SAS, as a significant e-money token under MiCA — the first token to receive the label among 45 EMTs notified in the EU. From November 12, 2026, prudential supervision of USDC’s own funds, reserve assets, liquidity requirements and recovery and redemption plans moves from France’s ACPR to the EBA, while the ACPR retains oversight of governance, qualifying holdings, outsourcing and conflicts of interest.

TREE NEWS update: Coinbase published a technical post arguing that Bitcoin’s migration to quantum-resistant cryptography must begin before any “Q-Day” arrives, saying the process could take years. The exchange laid out requirements spanning block space, custody and dormant coins. No timeline or implementation date was given.

TREE NEWS reports: A whale that opened a long on 20,000 ETH at $1,936 on Aug. 19 closed the position at $2,421.6, booking an $8.93 million profit, on-chain analyst Yu Yan monitored. The exit came as the market fell on U.S. CPI data. The whale’s unrealized gain had peaked at $17.42 million when ETH hit $2,800 on Sept. 22.

TREE NEWS reports: Richard Heart, founder of Hex and PulseChain, has been detained in Istanbul. Police reportedly seized $4 million and 64 watches in connection with the detention. Turkish police have not yet confirmed Heart’s detention. Heart is the founder of the Hex token and the PulseChain network.

TREE NEWS update: The Brooklyn District Attorney’s Office said law enforcement dismantled a transnational cryptocurrency fraud network centered in Eastern Europe during an operation last week. Authorities shut down 241 crypto fraud-related websites and seized 112 servers controlled by the group. The network defrauded US victims of tens of millions of dollars over several years.

TREE NEWS reports: Standard Chartered has pushed back its $2 trillion stablecoin market forecast to 2030 from 2028, citing stalled supply growth this year. The bank had previously expected the market to reach that size by 2028.

TREE NEWS reports: Crypto futures liquidations across all exchanges totaled $314 million over the past 24 hours, with long positions accounting for $257 million and shorts $56.5 million, CoinGlass data shows. Bitcoin liquidations reached $69.05 million and Ethereum $63.11 million. The single largest liquidation was a $7.03 million ETHUSDT position on Binance.

TREE NEWS update: StarkWare has opened its OffMarket service to the public, letting users trade on Polymarket without publicly linking positions to their existing accounts. The service, in limited early release since August, runs on Starknet’s shared privacy pool and caps single USDC deposits at $1,000. Orders execute on Polymarket at the same counterparties and market prices as regular trades, and OffMarket is fully non-custodial, with users retaining control of their private keys in the browser.